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Monday, May 23, 2022

Shrimp, tra fish export growth seen continuing in April

By Trung Chanh

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CAN THO – Maintaining an upward trend, Vietnam’s shrimp and tra fish exports continued to soar in April, contributing to making seafood the spotlight of the export growth in the year to date.

Tra fish and shrimp are the two main earners for the country’s seafood exports.

The overseas sales of tra fish in April amounted to US$297 million, more than double the figure seen during the same period last year, according to data released on May 6 by the Vietnam Association of Seafood Exporters and Producers (VASEP).

Between January and April, Vietnam exported tra fish worth over US$950 million, skyrocketing 94% year-on-year.

April saw the country’s outbound shipment of shrimp surging by 35% year-on-year at US$406 million, raising the total shrimp export value in the first four months of 2022 to US$1.36 billion, up 41.5% year-on-year.

In the four-month period, Vietnam’s seafood export turnover reached some US$3.6 billion, jumping 44.5% year-on-year. The export of shrimp and tra fish accounted for US$2.31 billion of the total, according to VASEP.

The United States was Vietnam’s largest seafood buyer in the first four months of the year, with a value of US$842 million, up 74% year-on-year. China came second with a value of some US$578 million, a year-on-year upsurge of 94%.

In the first quarter of 2022, Vietnam’s seafood export fetched some US$2.5 billion, up 46% year-on-year. The shrimp export value during the January-March period amounted to US$955 million, up 37% year-on-year, while the country saw a year-on-year surge of 88% in tra fish outbound shipments worth US$654 million.

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